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Oh Boy more apartments.
Where there is demand for more apartments, developers will deliver more apartments. Typical tenants are at one end, young people not anxious to buy when likely facing an uncertain future in today’s job market and, at the other end, retired homeowners who cash out the equity by selling a too large deelling and downsize to an apartment with amenities, located near major attractions, and zero home maintenance.
Apartments definitely fits the needs for many people. With interest rates around 7%, owner a home is no longer the American dream for a lot of younger people. The trend of building more and more apartments downtown is not elusive to Indianapolis only. Many cities are doing the same. Every decade or 20 yrs a new trend is set and apartments and downtown living is the new age thing now
Yes, there is a lot of demand for housing and very little of it being built. Apartment vacancy is incredibly low with inventory being so tight. We need more apartments. Lots of them.
3rd quarter of 2024? Is that a typo?
This development needs to be more vertical.
Yes, it could be ten stories easily.